The market for Men's or Boys' Shorts of Cotton or Man-Made Fibres of Textile Fabrics Not Knitted or Crocheted in Portugal reached a volume of 2.9622 million in 2023. Over the past decade, this market saw notable fluctuations: steady growth from 2013 to 2019, a drop around 2020-2021 likely due to the pandemic, and a gradual recovery in 2022 and 2023. The year-on-year growth was 3.56% in 2023, with a negative 5-year CAGR of 0.058%, indicating recent slowness compared to earlier growth spurts.
Future trends to watch for include:
- Shifts in consumer preference towards sustainable and eco-friendly materials.
- The impact of economic factors on discretionary spending, influencing demand for fashion items.
- Technological advancements in textile production offering innovative designs and comfort.
- Global trade dynamics affecting material costs and supply chain efficiency.